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				<p style="font-size:20; font-weight:bold;">PROMISORY NOTE</p>
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<p>&nbsp;</p>
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			<td>Php</td>
			<td style="width:100;" class="underline">&nbsp;</td>
			<td style="width:380;">&nbsp;</td>
			<td>PN #:</td>
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			<td>Date:</td>
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			<td style="width:520;">&nbsp;</td>
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			<td style="text-align:justify;">FOR VALUE RECEIVED, the undersigned, <span style="text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span>, hereby acknowledges itself indebted to the <b>SAMLL WORLD CHRISTIAN SCHOOL FOUNDATION, INC.</b> and promises to pay to or to the order of <b>SAMLL WORLD CHRISTIAN SCHOOL FOUNDATION, INC.</b> at Verdepino Drive Lexber Heights, Camp 7, Baguio City, the sum of <span style="text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> (Php <span style="text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> ). The entire sum shall be paid on <span style="text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span> without delay.</td>
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			<td style="text-align:justify;">This note shall be fully payable upon demand of any holder in the event the undersigned shall default making any payments due under this note within days of its due date.</td>
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			<td>In the event of any default, the udersigned agree to pay all reasonable solicitor fees and costs of collection ti the extent permitted by law, this note shall take effect as a sealed instrument and be enforced in accordance with the Negotiable Instruments Law of the Philippines.</td>
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			<td style="width:245;" class="underline">&nbsp;</td>
			<td style="width:400;">&nbsp;</td>
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			<td style="width:245; text-align:center;">[Maker's signature over printed name]</td>
			<td style="width:400;">&nbsp;</td>
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			<td style="width:245;" class="underline">&nbsp;</td>
			<td style="width:400;">&nbsp;</td>
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			<td style="width:245; text-align:center;">[Maker's signature over printed name]</td>
			<td style="width:400;">&nbsp;</td>
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